RBB Bancorp (RBB) News Today

Piper Sandler boosted their price objective on shares of RBB Bancorp from $21.00 to $21.50 and gave the stock a "neutral" rating in a research report on Thursday.

Stephens reaffirmed an "equal weight" rating and issued a $20.00 target price on shares of RBB Bancorp in a research note on Tuesday.

RBB Bancorp (NASDAQ:RBB - Get Free Report) released its earnings results on Monday. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.05. RBB Bancorp had a return on equity of 7.71% and a net margin of 17.69%. The firm had revenue of $27.45 million during the quarter, compared to analysts' expectations of $27.39 million. During the same quarter last year, the business posted $0.58 earnings per share. The firm's revenue was down 20.2% on a year-over-year basis.

RBB Bancorp (NASDAQ:RBB) announced a quarterly dividend on Thursday, July 18th. Stockholders of record on Wednesday, July 31st will be given a dividend of 0.16 per share on Monday, August 12th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Wednesday, July 31st.

Piper Sandler reissued a "neutral" rating and issued a $21.00 price objective (up previously from $19.00) on shares of RBB Bancorp in a research note on Thursday.

Hovde Group reaffirmed a "market perform" rating and issued a $20.00 price target on shares of RBB Bancorp in a research report on Monday.

RBB Bancorp (NASDAQ:RBB) will be releasing earnings after the market closes on Monday, July 22, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=495233)

RBB Bancorp (NASDAQ:RBB - Get Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 104,400 shares, a decline of 21.6% from the May 31st total of 133,100 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 44,000 shares, the short-interest ratio is presently 2.4 days.

RBB Bancorp (NASDAQ:RBB - Get Free Report) Director James Kao acquired 7,000 shares of RBB Bancorp stock in a transaction that occurred on Friday, June 14th. The stock was bought at an average price of $17.08 per share, with a total value of $119,560.00. Following the purchase, the director now directly owns 548,511 shares of the company's stock, valued at $9,368,567.88. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Keefe, Bruyette & Woods restated a "market perform" rating and set a $22.00 target price (up previously from $20.00) on shares of RBB Bancorp in a research report on Thursday.

Stephens reiterated an "equal weight" rating and set a $20.00 price objective on shares of RBB Bancorp in a research note on Tuesday.

Hovde Group began coverage on RBB Bancorp in a research report on Monday. They issued a "market perform" rating and a $19.00 target price on the stock.

RBB Bancorp (NASDAQ:RBB) declared a quarterly dividend on Thursday, April 18th. Stockholders of record on Wednesday, May 1st will be given a dividend of 0.16 per share on Monday, May 13th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend is Tuesday, April 30th.

RBB Bancorp (NASDAQ:RBB - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 109,400 shares, a decrease of 23.8% from the March 15th total of 143,600 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 41,000 shares, the days-to-cover ratio is currently 2.7 days.

RBB Bancorp (NASDAQ:RBB) Shares Up 0.8%

RBB Bancorp (NASDAQ:RBB - Get Free Report) Director James Kao purchased 688 shares of RBB Bancorp stock in a transaction dated Friday, March 15th. The stock was bought at an average cost of $16.68 per share, with a total value of $11,475.84. Following the completion of the purchase, the director now owns 536,064 shares in the company, valued at approximately $8,941,547.52. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

RBB Bancorp (NASDAQ:RBB - Get Free Report) Director James Kao acquired 2,000 shares of the company's stock in a transaction on Wednesday, March 13th. The stock was acquired at an average price of $16.98 per share, for a total transaction of $33,960.00. Following the completion of the purchase, the director now owns 519,175 shares of the company's stock, valued at approximately $8,815,591.50. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.